NorthMarq continues expansion with Investment Sales Leaders Parker Stewart, Dominic Martinez and Alex Malzone in St. Louis

  

Parker Stewart

ST. LOUIS, MO --NorthMarq’s multifamily investment sales platform, which grew into 15 offices through year end 2020, adds new market-leading investment sales experts in the company’s St. Louis debt & equity office.

Parker Stewart joins the company as managing director – Investment Sales to cover St. Louis and Midwest secondary and tertiary markets.

  Dominic Martinez, associate vice president, and Alex Malzone, senior associate, also come to NorthMarq to focus on multifamily investment sales across the Midwest.

 Dominic
Martinez

  They will partner with NorthMarq’s existing debt and equity team led by Jeff Chaney and David Garfinkel, managing directors – debt and equity, in St. Louis, along with the company’s other Midwest debt and equity experts in Chicago, Kansas City, Omaha, and Minneapolis.

Both Stewart and Martinez are graduates of the University of Missouri-Columbia and natives of the St. Louis area.

 Stewart brings his previous experience with Berkadia, where he completed the sale of over 7,500 units and $750,000,000 in total consideration, within seven states across the region.

Alex Malzone

 Martinez, a CPA with prior experience at PricewaterhouseCoopers, brings extensive knowledge and an attention to detail to each transaction. 

At Berkadia, he competed the sale of over 3,500 units and $300,000,000 in consideration.

The St. Louis office will offer investment sales coverage in conjunction with the other NorthMarq offices across the country to market multifamily assets and help clients identify the best financing structure.

David
Garfinkel

 Jeff Chaney

  The NorthMarq platform now includes teams in 16 states, with more 60 investment sales professionals.

 

CONTACT:

 NorthMarq 

aaminov@northmarq.com

Side Firm's Annual (Virtual) Two-Day Real Estate Conference Starts Jan. 26 in San Francisco, CA

Merritt Hummer

 

SAN FRANCISCO, CA – On Tuesday, Jan 26 and Wednesday, Jan 27, San Francisco-based technology brokerage platform, Side, will be hosting its annual (virtual) real estate conference bringing the biggest experts in real estate to discuss the industry’s hottest topics. .

Shannon McGahn

Daymond John

Rick Sharga

 The two-day event will cover: 

• 2021 market productions, post-election outlook, the future of real estate in a post-pandemic world, the great COVID migration and preparing for a market reshuffle;
• 
  
• selling to foreign buyers, how to scale as an indie broker, effective strategies to compete with iBuyer/iBroker product offering, data-driven marketing strategies; 
• 
  
• insight from VC partners on identifying the next great startup, breaking into the luxury market, and more! Full Agenda Here

Paul Levine

 Speakers include: Daymond John, Branding Guru/Shark Tank, Shannon McGahn, Chief Advocacy Officer and former SVP of Government Affairs, NAR, Rick Sharga, EVP at RealtyTrac, Merritt Hummer, Brain Capital Ventures, Paul Levine, Sapphire Ventures, Guy Gal, Side CEO.  Full list of speakers here

 

Side X Side – Annual Virtual Conference

January 26, 2021 – 9AM PST – 4:30PM PST

January 27, 2021 – 9AM PST – 1:30PM PST

Register For Free Here

 

Guy Gal

"The event comes at a crucial time as we embark on yet another uncertain pandemic year," says Gal, CEO of Side.

  CONTACT:

Brandon Muratalla   Senior Account Executive Murphy O'Brien     m: 951.264.8179

Phelan Development Acquires 25 Acres of Industrial Land in San Diego, CA for $11.5 Million

Mike DeArmey 

 SAN DIEGO, CA – JLL announced that Phelan Development has paid $11.5 million for a 25-acre parcel of land in San Diego, California. 

 The land is expected to receive full entitlements in the first quarter of 2021 with construction slated to commence in the second quarter of 2021.

 Phelan Development will begin development on a six building, 400,000-square-foot industrial park.  Buildings will range in size from 35,000 square feet to 135,000-square feet and will be available for lease or sale.

Andy Irwin

 The buildings offer state of the art features including ESFR sprinklers, 32-foot to 36-foot warehouse clearance, high dock door counts and energy efficient designs. Development is scheduled to be completed in the first quarter of 2021. 

 “Phelan Development Company is excited to enter the Otay Mesa market with this purchase,” said Mike DeArmey of Phelan Development.

  “Otay Mesa has become one of the most dynamic markets in San Diego County and we look forward to bringing Class A industrial product to the market for lease and sale.“

Joe Anderson

 JLL’s Andy Irwin, Joe Anderson, Ryan Spradling and Greg Lewis represented the seller, Sunwood in the transaction.  

They have also been retained to market the buildings for lease or sale.  Phelan Development represented themselves in the transaction. 

 "With COVID and the continued growth of ecommerce, we have seen a surge in demand for industrial space in San Diego County," said Andy Irwin, JLL Vice President. "Unfortunately, we have limited supply with vacancy at 4.6 percent as of the third quarter of this year.”

Ryan Spradling

 The site is located at the northwest corner of the SR-125 and SR 905 interchange on Otay Mesa Road providing excellent access to the rest of the San Diego with close proximity to the I-805 and I-5 freeways.

  Sitting just 2.5 miles from the international commercial border crossing with over $45 billion in annual flow of goods, businesses will be able to leverage the location to accommodate the growing cross border activity.

  It is also home to the highest concentration of Fortune 500 companies in San Diego, offering both the lowest occupancy costs and the best access to labor in the region.

Greg Lewis 

CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com